Digital Manufacturing Printer Market to succeed in US$ 5,939.1 Mn by the top of 2025, at a CAGR of 12.6%

Canon and Ricoh account for more than half of the market share in terms of revenue

The combination of print and digital with increasing per capita income has the highest CAGR in the Asia-Pacific region and in North America

Pune, June 25, 2019 (GLOBE NEWSWIRE) – The global market for digital production printers is benefiting from the increasing acceptance of digital printing. Recently, Fortune Business Insights published a report entitled “Size, share and global trend of the printer for digital production printers by technology (inkjet, electrophotography), by feed (continuous feed, single sheet), by technology vs. feed (continuous feed inkjet, continuous feed electrophotography, cut-sheet inkjet, cut-sheet Electrophotography), according to application (transaction, advertising) and geography forecast up to 2025. “ According to the report, the global digital production printer market was valued at $ 2352 million in 2017. The world market is expected to grow at an annual growth rate of 12.6% and reach USD 5939.1 million by the end of 2025.

In 2017, North America emerged as dominant in the global digital production printer market, according to the report. North America was valued at $ 784.3 million in 2017. The region is expected to continue to lead the global market over the forecast period. The increasing adoption of digital technology and printing is expected to contribute to growth in the region. Additionally, the Asia Pacific digital production printer market was $ 588.7 million in 2017.

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The literacy rate and per capita income of people in the Asia-Pacific region is expected to increase in the coming year, subsequently enabling the digital production printer market to grow in the region. The report predicts that the Asia Pacific market will experience higher CAGR in the coming years. A rising literacy rate is expected to generate demand for books, paper, magazines, and other products and to further sustain demand in the global digital production printer market.

Increasing shift towards online platforms to increase the demand for digital production printers

In terms of application, the advertising segment emerged as dominant in the global digital production printer market in 2018. In addition, catalogs, graphic files and transactions are some segments that are expected to grow with a CAGR of more than 10% in the forecast period of 2018 -2025. The growth observed is due to the rapid adoption of personalization in print. This should enable growth in the global digital production printer market.

The increasing adoption of online platforms and the increasing literacy rate are some factors that are expected to drive the global digital production printer market during the forecast period. In addition, the paradigm shift towards digital printing offset technology is likely to increase demand in the global digital production printer market.

On the other hand, the high cost associated with the digital printer and the complex mechanism of the digital printer are important factors that can hinder the growth of the global digital production printer market.

Technological developments undertaken by leading brands to enable growth

Technological developments in digital printers are expected to enable growth of the global digital production printer market. Canon, Ricoh, Xerox, Hewlett Packard and Konica Minolta are some of the major players in the world market and recently announced products with Advent features. Xerox offers Trivor Presses and Versant, Canon offers ImageStream, VarioPrint and ColorStream and others. Among the main players, Canon has a wide variety of digital printers. This is expected to boost the global market.


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Key companies mentioned in the report

  • canon
  • Xerox
  • Ricoh
  • Hewlett Packard
  • Konica Minolta
  • Other players


Browse the full report details enabled with full tables and figures:

https://www.fortunebusinessinsights.com/industry-reports/digital-production-printer-market-100158


Table of Contents:

  • Market dynamics
    • Market leader
    • Market restrictions
    • Market opportunities
  • Important insights
    • Global Production Printed Pages by Digital Technology Market Overview (Billions of Pages)
      • By application (billions of pages)
      • By technology (billions of pages)
      • Through feed
      • By printing
    • Global Digital Production Printers Market Overview
    • Industry SWOT analysis
    • Price development
  • Global Digital Production Printers Market Analysis, Insights and Forecasts, 2018-2025
    • Definitions
    • Main results / summary
    • Market analysis, insights and forecasts – through printing technology
      • Inkjet / high speed inkjet
      • Electrophotography
    • Market analysis, insights and forecasts – via feed
    • Market analysis, insights and forecasts – through print technology versus feed
      • Continuous feed
        • Inkjet / high speed inkjet
        • Electrophotography
      • Single sheet
        • Inkjet / high speed inkjet
        • Electrophotography
    • Market analysis, insights and forecasts – by application
      • transaction
      • Advertising (direct mail and others)
    • Market analysis, insights and forecasts – by region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East and Africa

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  • Canon and Ricoh account for more than half of the market share in terms of revenue